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BMW Group to invest more than 2 billion euros in Hungarian Plant Debrecen by 2025

25.11.2022 PRESS RELEASE

+++ In addition to vehicle production, BMW Group builds high-voltage battery assembly at Plant Debrecen +++ More than 500 additional jobs to be created by 2025 +++ Production of NEUE KLASSE starts here +++

Debrecen, Hungary. TheBMW Group is building a high-voltage battery assembly for the vehicles of the NEUE KLASSE at its site in Hungary. The battery assembly will be located on the site of the Debrecen vehicle plant, which started construction about six months ago. The company will create more than 500 additional jobs and invest over two billion euros in the construction and launch of the entire plant by the end of 2025.

Milan Nedeljković, member of the Board of Management of BMW AG, Production, said: “In Debrecen, we are building the most advanced plant in the world. With our iFACTORY, we are setting new industry standards for vehicle production. Our investments underline our systematic approach to implementing e-mobility.”

The new announcements were also welcomed by the Hungarian government. Péter Szijjártó, Minister of Foreign Affairs and Trade of Hungary, said: “The BMW Group plant in Debrecen is a symbol of the successful Hungarian economic policy of the past twelve years. The plant combines environmental protection and competitiveness, and that is much more than we have originally planned.”
 
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